Hints and tips:
...(Phenomenal World) — The downside of ECB QE. (IIF)...
...First, BT has a 4+ year head start in merging a wireless with a wireline network. Second, O2’s network is UK-wide whereas VMED’s network reaches just c.50% of the country....
US central bank appears unshaken by market turbulence and soft inflation readings
...China restored calm only with a big stimulus programme to aid lending Unwinding QE?...
...This is what happens to the 10-year bond yield in Germany today, dipping after the ECB announced that it wasn't going to be curtailing it's QE programme as some thought, but then rising very sharply, indeed...
...That QE programme is expected to remain in place until the end of this year at least to shore up growth and boost inflation....
...For almost two years — since the Fed finished tapering off the QE bond purchases with which it was propping up asset prices — stocks essentially moved sideways....
...And while the S&P rebound coincided with the advent of QE, there is no hydraulic certainty here, either. When Japan embarked on a similar experiment in 2001, its stocks fell....
...It, too, may be running QE and negative rates, but has yet to loosen the fiscal reins.” Japanese bond yields also rose on Friday, edging closer to zero....
...“This will increase further speculation whether the ECB will have enough bonds to buy up to the end of the QE programme”, said Kim Liu at ABN Amro....
...“With the dollar becalmed despite other central bank QE and a low probability of a US rate hike before the November elections, investors appear to have a clear window to take on risk without necessarily...
...QE had a positive effect on the housing market, a source of another widening rich/poor gap: Low interest rates and QE helped lessen the negative impact of the crisis on aggregate housing wealth, the most...
...“So long as banks in the core do not recycle these additional liquidities in the periphery, countries with liquidity problems will experience a smaller benefit from QE, while countries with excess liquidity...
...There is now time for regrets — “the investment backdrop ever since Fed QE ended has been a veritable “Twilight Zone” of volatility, flash crashes and vicious ‘pain trades’.”...
...about their independence could prefer a second option that would effectively bypass completely the fiscal accounts: “social credit” or what is known in Britain as “people’s quantitative easing”, in which QE...
...This turned ineffective US QE into very effective EM QE in terms of boosting EM economic growth. A commodity bubble and the resultant US shale investment boom were all consequences of the Fed’s QE....
...“In addition to the poor economic data, the strength of the yen, weakness in the stock market and the news about the economy minister’s resignation yesterday will bolster expectations for more QE as a way...
...This year ahead is likely to be difficult as world markets will struggle to stay optimistic without the Federal Reserve offering broad monetary support in the form of QE or ultra-low rates. “2016 is facing...
...under the existing — and possibly future — QE scheme,” said Steve Barrow, head of G10 strategy at Standard Bank....
...The BoJ and ECB are tinkering around the edges – QE makes a difference (to markets), cutting interest by 10 basis points, whether above or below zero, does not,” noted analysts at DBS....
...“Looking at the ECB’s macro assessment, it looks as if almost unchanged growth and inflation forecasts, as well as a positive assessment of the impact from QE up to now, laid the grounds for the ECB’s rather...
...In an interview with the Financial Times, Mr Burbank said years of QE had caused a misallocation of capital across the world, while the end of QE last year triggered a dollar rally with consequences that...
...“Looking further ahead, we do not expect any further policy moves until 2017, but this would still leave Japan implementing a very large QE programme by any standards.”...
Firms offset profit-sapping effects of QE with higher fees
...Surely QE has driven down interest rates?...
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